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Robert McNamara becomes World Bank PresidentIMF changes SAP to PRSIUNICEF published "Adjustment with a Human Face"1990-1991 World Development Report: "Poverty" publishedBarber Conable becomes 7th World Bank PresidentThe Social Protection and Labor Unit of WB established2000-2001 World Development Report: "Attacking Poverty" publishedWorld Bank EstablishedOrganisation for Economic Co-operation and Development (OECD) founded2015 Millenium Development Goals establishedDepartment for International Development (DFID) FoundedInternational Monetray Fund (IMF) Established2030 Sustainable Development Goals establishedWorld Summit on Sustainable Development / 2nd Earth Summit held in Jo'BurgUnited Nations Conference on Environment and Development or Earth Summit held in RioKyoto Protocol adoptedParis Accord adoptedBretton Woods ConferenceThe Brundtland Report / Our Common Future was publishedStockholm Declaration publishedUnited Nations Conference on the Human Environment or Stockholm ConferenceNeoclassical economics coinedPeriodi
Adam Smith | Scottish | Oxford University
Founder of modern classical economics ("invisible hand")Karl Marx | German | Humboldt University of Berlin
Socialist who spoke about the explotation of laborIndustrial RevolutionNeoclassical economists shift World Bank focus to growthStructural Adjustment EraThe "lost decade" in sub-Saharan AfricaWorld War 1The Great DepressionWorld War 2Milton Friedman | American | University of Chicago
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